About CoinCheckup

Why we launched CoinCheckup?

As an investor in the any market we believe it’s important to know the background and fundamentals of any product / service / opportunity you invest in.

CoinCheckup was created out of the frustration that the current cryptocurrency market has a serious lack in transparency. Yes, you can research background info on each cryptocurrency on their websites, forums and social media channels but this will take a lot of time and it’s nearly impossible to compare cryptocurrencies.

We came up with a standardized a research process and started researching. As we were extending our excel sheet we came to the conclusion that "If we have this problem, than other people might have the same problem". This is how CoinCheckup was born.

More background info and transparency in the cryptocurrency market

As most of the visitors of this website, we became very enthusiastic about the cryptocurrency market.

That being said, while looking at the current market we also got kind of worried about the current state of the market. We accidentally bought into some SCAM ICOs and we realized that we could have prevented this if we had more transparency in the background of the cryptocurrencies.

In our opinion, investing in the blockchain can be very lucrative and the blockchain itself is very interesting from a technology point of view. However, we also see that a lot of people invest in crypto coins and tokens that represent “Just an Idea”, “Just a quick demo”, have inexperienced teams, have inexperienced CEOs or CTOs, an unclear roadmap, an unclear goal, unclear deadlines, and therefore an unclear and most likely not a very bright future.

Fundamental Analysis

In order to find out more about any cryptocurrency you have to do hours of research, most people don't do this and they put themselves in a dangerous situation by investing in cryptocurrencies that have simply no solid fundamentals.

We founded CoinCheckup to give more transparency in all the cryptocurrencies on the open market. We started of by looking at the coin’s fundamentals. For example:

Coin strength (consensus method, type of blockchain, role of the coin, etc.)

Business strength (incorporation, website traffic, and the above)

Community backing

Activity on social media

We created a standardized research process and we started off researching all coins and we came up with formulas to grade these coins. All researched info is available under the “Analysis tab” of the crypto coin.

Investment Analysis

Besides the above we also found there’s a need for better analysis on the past performance of the coin. How did the coin perform since the start (or since their ICO), how did the coin perform compared to other coins. How did the coin perform on a month by month basis etc.

CoinCheckup gives in depth overviews on all this data. We are dedicated to keep working on this data and extend it so everyone can get all the data they need on a coin by coin basis.

How we've built CoinCheckup?

We started our own research in an excel sheet. A sheet we personally used to research the CryptoCoins we invested in. Based on our of brainstorming we expanded this sheet to contain +- 100 points to measure cryptocurrencies and we standardized a research process.

Next we’ve built a formula to rate the coins. This way we stay unbiased and we don’t add preference to any coin. This was very important for us. We’re still improving our formula and we’ll open source it soon.

We used our unique 6-step hiring process and hired a team of big team of specialized data researchers to evaluate all the crypto coins out there. Besides this we used our in-house development team to build a clean, fast loading, mobile optimized platform, that makes it easy to consume all the info you need anywhere, anytime from any device with any connection.

Consulting & Developing Blockchain projects

Nexibeo is currently available to consult on your blockchain projects. As mentioned before we love to build startups. Feel free to get in touch with us for any technical, marketing, development and/or startup questions for your next (blockchain) project.

Community support

As we believe in wisdom of the ‘informed’ crowd, we would like to have an active community around the site, to ensure that all validated information is shared in the shortest time possible between all of us. So if you have valuable & verified information about a coin feel free to reach out to us so that together we can protect the ecosystem.

Trading and investing in digital assets is highly speculative and comes with many risks. The analysis / stats on CoinCheckup.com are for informational purposes and should not be considered investment advice. Statements and financial information on CoinCheckup.com should not be construed as an endorsement or recommendation to buy, sell or hold. Please do your own research on all of your investments carefully. Scores are based on common sense Formulas that we personally use to analyse crypto coins & tokens. We'll open source these formulas soon. Past performance is not necessarily indicative of future results. Read the full disclaimer here.